IRIS Business Services has launched IRIS Invoice Registration Portal (IRP), one of the first private invoice registration portals authorized by the government of India to authenticate B2B and export invoices along with credit/debit notes.
At present, businesses with an Annual Aggregate Turnover (AATO) of Rs 10 crore and above are required to generate IRN (Invoice Reference Number). The threshold for e-invoicing is lowering in phases and soon it may get applicable to all businesses. To simplify e-invoice implementation throughout the country, the government has given private IRPs like IRIS IRP authority to split the load from the government portal in order to simplify e-invoice implementation.
IRIS IRP offers e-invoice generation facilities to businesses as well as solution providers and fintech partners. Business entities have four different ways through which they can access these facilities - via APIs, Web Portal, Excel Utility, and Mobile App.
IRIS Business Services provides financial information, research, and training solutions to institutional, manufacturing, retail, and other industries in India and internationally.
